YEARLY HIGH
6.9679 KPW
YEARLY LOW
6.7272 KPW
YEARLY AVERAGE
6.8146 KPW

2023 NPR to KPW Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the NPR to KPW exchange rate experienced significant fluctuation. The market reached its absolute peak on April 30, valuing the pair at 6.9679. Conversely, the yearly low was recorded on December 28, dropping to 6.7272.

This high-to-low spread represents a total annual volatility of 0.2408 KPW. From a start-to-finish perspective, comparing the January average rate of 6.8748 to the December average rate of 6.7510, the exchange rate registered a net change of -1.80% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 6.9679 was down 8.52% compared to the 2022 peak of 7.6165, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 NPR based on timing:

Yearly Peak High 34,840 KPW
2022 Average 35,836 KPW
Yearly Trough Low 33,636 KPW
Transaction Impact: A difference of 1,203.82 KPW purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

6.8872
6.7386
JanuMarcMayJulySeptNove

NPR to KPW Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 6.8461, compared to 6.7830 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.0632 points.

H1 Avg (Jan–Jun) 6.8461
H2 Avg (Jul–Dec) 6.7830

Volatility Range Comparison

Volatility

The most volatile month in 2023 was January, with a trading range of 0.1560 KPW (High: 6.9387 / Low: 6.7827). On the other end, October was the most stable month, with a tight range of 0.0360 KPW (High: 6.7889 / Low: 6.7529).

January Spread (Volatile) ±0.1560
October Spread (Stable) ±0.0360

Growth Streaks & Declines

Trends

Between February and April, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 2 straight months. Conversely, the sharpest month-over-month decline occurred between January and February, when the average rate fell by 0.0643 points.

Longest Streak 2 Mo.
Sharpest MoM Drop -0.0643

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (April 2023: 6.8687) against the same month in 2022 (average: 7.3805), the exchange rate shifted by -0.5118 (-6.93%).

2023 Avg (April) 6.8687
2022 Avg (April) 7.3805

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 6.9387 6.7827 6.8748
February 6.8743 6.7780 6.8105
March 6.9077 6.7892 6.8424
April 6.9679 6.8284 6.8687
May 6.8898 6.7911 6.8363
June 6.9045 6.8041 6.8441
July 6.9030 6.7956 6.8515
August 6.8447 6.7455 6.7928
September 6.8087 6.7531 6.7765
October 6.7889 6.7529 6.7649
November 6.8146 6.7449 6.7612
December 6.7740 6.7272 6.7510